Solo Co. Ltd. located in Mexico City is a wholly owned subsidiary of Partner Inc., a U.S. company. At the beginning of the year, Solo’s condensed balance sheet was reported in Mexican pesos (MXP) as follows:

During the year, the company earned income of MXP250,000 and on November 1 declared dividends of MXP135,000. The Mexican peso is the functional currency. Relevant exchange rates between the peso and the U.S. dollar follow:

Required:
a. Prepare a proof of the translation adjustment, assuming that the beginning credit balance of the accumulated other comprehensive income—translation adjustment account was $3,230.

Strickland Corporation earned net income of $300,000 (after taxes at a rate of 40%) in 2017. It had 100,000 shares of common stock outstanding all year, and 50,000 shares of preferred stock, non-convertible, non-cumulative. Dividends of $20,000 were declared and paid on the preferred.

The company also had $400,000 of 10% convertible bonds (sold at par value) convertible into 16,000 shares of common stock.

The company had outstanding stock options for 5,000 shares of common stock at an exercise price of $20. The average market price during the year was $40.

Compute basic earnings per share.

Identify whether the BONDS are dilutive or anti-dilutive, showing computations to support your answer.

Compute diluted earnings per share.

The trial balance of Large Company, Inc. at the end of its annual accounting period is as follows:

Additional information:

1. Expired insurance, $600.
2. Unused supplies, per inventory, $800.
3. Estimated depreciation, $1,000.
4. Earned but unpaid salaries, $700

Required

1. Prepare adjusting entries.
2. Prepare adjusted Trial Balance
3. Prepare an Income Statement
4. Prepare a Retained Earnings Statement
5. Prepare closing entries.

Prepare a post-closing trial balance

2 ways us as the US could restrict the importing of services like tiktok and the economic implications of it

Simply put, is the US real estate market a primary driver in the US economy, and what are your thoughts as you have observed the market for the past 5 or so years?

More importantly, what is your considered opinion as you look into the future of the housing market for the next couple of years?

This data shows the series of quarterly shipments in millions of US dollars of US hosehold appliances between 1985 and 1989.

(a) which of the following methods would be suitable for forecasting this series if applied to raw data?

-naive forecasts

-moving average

-simple exponential smoothing

-double exponential smoothing

-holt-winters exponential smoothing

(b) apply a moving average with window span w=4 to the data. Use all but the last year as the training period. Create a time ploy of the moving average series.

- What does the MA (4) chart reveal?

- Use the MA (4) model to forecast appliance sales in Q1-1990

-  Use the MA (4) model to forecast appliance sales in Q1-1991

- is the Q1-1990 forecast most likely to underestimate, overestimate, or accurately estimate the actual sales on Q1-1990? Explain?

- Managment Feels most comfortable with moving averages. the analyst therefore plans to use this method for forecasting future quaters. what else should be considered before using the MA(4) to forecast future quarterly shipments of household appliances.

(c) we now focus on forcasting beyond 1989. in the following continue to use all but the last year as the training period and the last four quarters as the validation period. apply holt winters exponential smoothing to the training period.

- compute MAPE values for the training and validation periods using holt winters exponential smoothing.

- Draw two time plots: one for the actual forecasted values and theo ther for the residuals. the x-acis should include the training and validation periods. comment on the model fit in the training and validation periods.

- if we optimize the smoothing constants in the holt winters method are the optimal values likely to be close to zero? why or why not?

describe to us what big data is and share with us an example? What are some ethical considerations in how the data was gathered and how it might be used for research or other purposes? What about big data makes these considerations similar or different to data obtained through traditional real-world experimental methods?

What is Gross Profit communicating to us? What is Gross Margin communicating to us?

Use IS- LM model to analyze the US recession in 2001 :

+ What US followed to remedy the recession

+ Use IS- LM model to analyze the effects of the remedies